The UK FRC 2023 Accounts taxonomies
We're pleased to announce immediate and full support for the UK FRC 2023 Accounts taxonomies, which Companies House will begin accepting on 5th April 2023 and which HMRC will be accepting from June 2023. This includes the 2023 Charities taxonomy extension and the 2023 Irish taxonomy extension.
The UK FRC 2023 taxonomy suite provides updated versions of Full IFRS, FRS101, FRS102, Charity and Irish entry-points last released in 2022. This includes support for Diversity & Inclusion (D&I) reporting, (experimental) support for tagging Alternative Performance Measures (APMs) and three new accounts types: Medium-sized companies/charities (now separate from Large companies), Initial Accounts (PLCs only) and Interim Accounts (also PLCs only).
FRC 2023 also provides two entry-points (mirroring FRS102 and FullIFRS) for use with UKSEF accounts. However, UKSEF accounts (which are a combination of ESEF and UK FRC tagged accounts, wrapped in a ZIP-based report package) are not currently accepted by SureFile.
